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Clearly the most unfortunate people are those who must do the same thing over and over again, every minute, or perhaps twenty to the minute. They deserve the shortest hours and the highest pay.
John Kenneth Galbraith
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John Kenneth Galbraith
Age: 97 †
Born: 1908
Born: October 15
Died: 2006
Died: April 29
Diplomat
Economist
Non-Fiction Writer
Politician
University Teacher
John K. Galbraith
Thing
Clearly
Work
Deserve
Every
Highest
People
Pay
Shortest
Perhaps
Unfortunate
Minutes
Twenty
Hours
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Must
Twenties
More quotes by John Kenneth Galbraith
The more underdeveloped the country, the more overdeveloped the women.
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No grant of feudal privilege has ever equaled, for effortless return, that of the grandparent who bought and endowed his descendants with a thousand shares of General Motors or General Electric.
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When you see reference to a new paradigm you should always, under all circumstances, take cover.
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The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled.
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I accept the global complex and global trade more than do some of my liberal colleagues because I consider this a wise alternative to national tension and conflict.
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The questions that are beyond the reach of economics-the beauty, dignity, pleasure and durability of life-may be inconvenient but they are important.
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No ethic is as ethical as the work ethic.
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The size of General Motors is in the service not of monopoly or the economies of scale but of planning.
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Speeches in our culture are the vacuum that fills a vacuum.
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In the usual (though certainly not in every) public decision on economic policy, the choice is between courses that are almost equally good or equally bad. It is the narrowest decisions that are most ardently debated.
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Economic theory is the most prestigious subject of instruction and study. Agricultural economics, labor economics and marketing are lower caste fields of study.
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Increasingly in recent times we have come first to identify the remedy that is most agreeable, most convenient, most in accord with major pecuniary or political interest, the one that reflects our available faculty for action then we move from the remedy so available or desired back to a cause to which that remedy is relevant.
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Private enterprise did not get us atomic energy.
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It takes some skill to spoil a breakfast - even the English can't do it.
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Few economic problems, if any, are difficult of solution. The difficulty, all but invariably, is in confronting them. We know what needs to be done for reasons of inertia, pecuniary interest, passion or ignorance, we do not wish to say so.
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A businessman who reads Business Week is lost to fame. One who reads Proust is marked for greatness.
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It is my guiding confession that I believe the greatest error in economics is in seeing the economy as a stable, immutable structure.
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What was needed was a policy that increased the supply of money available for use and then ensured its use. Then the state of trade would have to improve.
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But it can be laid down as a rule that those who speak most of liberty are least inclined to use it.
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War remains the decisive human failure.
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